Helical Plc’s £400 Million Loan Revolving Credit Facility


Womble Bond Dickinson’s London-based Real Estate Finance team has advised lenders Barclays, HSBC, NatWest and Wells Fargo on a £400m loan revolving credit facility for Helical Plc.

The facility replaces its existing £150m RCF and the £200m development facility on the company’s largest asset, The Bower, London, EC1, both of which have been repaid.

Helical plc is a property investment and development company specialising in London and Manchester.

WBD were appointed as lead co-ordinator on the transaction managing overall delivery and co-ordinating input from ten law firms in England and Jersey. The project was led by Nicola Giddens (Picture). The Real Estate team led by Nicola, comprised of Joseph Dean, Emily Gascoyne-Richards, Paul Hunter, Heidi Allen and Will Fraser. Banking was led by Charlie Reid, with assistance from Alex Louch and Angie Bamboulis. Alex Hirom and Angela Lopes advised on the construction elements of the project, and Frances Everett and James Garbett dealt with planning.

Involved fees earner: Heidi Allen – Womble Bond Dickinson; Angie Bamboulis – Womble Bond Dickinson; Joseph Dean – Womble Bond Dickinson; Frances Everett – Womble Bond Dickinson; Will Fraser – Womble Bond Dickinson; James Garbett – Womble Bond Dickinson; Emily Gascoyne-Richards – Womble Bond Dickinson; Nicola Giddens – Womble Bond Dickinson; Alex Hirom – Womble Bond Dickinson; Paul Hunter – Womble Bond Dickinson; Angela Lopes – Womble Bond Dickinson; Charlie Reid – Womble Bond Dickinson;

Law Firms: Womble Bond Dickinson;

Clients: Barclays Bank; HSBC; National Westminster Bank; Wells Fargo;

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